Tax reporting requirements for trusts

If you are a trustee of a trust then you may be aware that new reporting obligations have been introduced for trusts, effective from the 2021-2022 tax year.

The IRD has produced a summary of these changes here.

We recommend that as a trustee you contact the trust’s accountant to find out whether these reporting obligations apply to your trust.

If you have a trust or are looking to set up a trust, then contact our experienced Trusts team who can assist.